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KCSMMHZ
Apr 16, 2013 2:30pm PDT
certainly be taking a very close look. >> the world's emerging economy are saying german investment and bilateral trade. last week it was the indian leader here signing off and billions in deals. >> this tuesday, the ecuador president has been at the german capital. he is here for the 13th annual conference. the region is in the midst of a massive boom with german exports up by 39% last year alone. >> he is in germany for the first time. the president has high expectations of berlin and he is full of praise for his own country. >> ecuador is one of the most dynamic countries and latin america. the economy across latin america grew by 3.5% between 2007 and 2012. but in ecuador, it grew by 3.3%. >> the small, latin american country has not been very high on the german business sectors agenda until now. generally, interest in latin america has grown considerably recently. that is despite trade barriers in certain areas. german investment already amounts to 30 billion euros. >> they just the same difficulty as others. medium-sized companies today are ready to diapered resources to other cou
KCSMMHZ
Apr 18, 2013 2:30pm PDT
injection within weeks. >> the german economy is slowly awakening from its winter sleep. the country's leading economic research institutes have presented their spring forecast, saying they expect moderate growth of about 0.8% this year, but the think tanks are a bit more upbeat about 2014, where the forecast growth to reach about 2%, provided the current eurozone debt crisis does not spiral out of control. >> the economic outlook is bright. it is been booming bavaria. the state boasts near full employment. businesses like this are wide. it is an engineering firm. residential -- residents are up, order books full. it provides a snapshot of the wider german economy. one of the country's leading think tanks believes it will keep on growing because there are tentative signs europe is on the mend. >> these figures reflect the diminishing uncertainty and the fact the markets are now calmer. >> the think tank's forecast is much more optimistic than the german government policy official estimate, and ultimately, there will be exporters who decide who gets it right and who gets it wrong. >> on
KCSMMHZ
Apr 17, 2013 2:30pm PDT
nosedive today. the dax has been driven sharply down on concerns about the state of the economy. other people are talking about technical reactions, but also the numbers from the usa are not as good anymore. bank of america reported results that have been far on next -- under expectations. >> we will stay in frankfurt for a closer look at the numbers. the dax -- it is down by more than 2.3%. the euro stoxx 50 is down by more than 2%. across the atlantic, things there are also down in negative territory. the euro is drifting lower against the greenback, trading at a value of 1.3044. >> the british retailer tesco, the world's third-largest, says it is pulling out of the u.s. market. profits fell for the first time in 20 years. >> empathy says it wants it wants to refocus on its british operations ash the company says it wants to refocus on its british operations -- the company says it wants to refocus on its british operations. >> millions of germans were disappointed today when they went to get their mail and, lo and behold, the letterboxes were empty. no holiday postcards from friend
CNBC
Apr 17, 2013 4:00pm EDT
yoshikami, when you're in that economy and markets are that low. >> it's impossible to make money on the margin. and i think it's important to recognize that what american express is probably getting hit on here is what's happening with tax rates, happened in the first quarter of this year, and the other issue that's really occurring is i think businesses are still holding back on spending. significant percentage of their revenue comes from businesses. and you know, on the long-term, also, we have to be very, very aware, american express, on the long-term, is going to -- >> they're having a fire drill here at the new york stock exchange. >> it was scheduled. >> pre-scheduled, exactly. it was scheduled already. so ignore the noise here happening around me. >> okay. >> very quickly, i want to get to bruce mccain as well, michael. finish your thought. >> my thought was, you have to be careful about companies like paypal, all these other very inexpensive swaywaways to colle money, it will be a hit on american express margins, eventually. >> bruce mccain, do you want to buy on these dips
SFGTV
Apr 22, 2013 7:14am PDT
opened, which was a spectacular opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we continue to tour. reputation grows and grows and grows and it has never stopped going forward. msk(music) >> the bay area knows the orchestra. you maybe take things for granted a little bit. that is simply not the case will go on the road. the audiences go crazy. they don't see vitality like this on stage. we are capable of conveying joy when we play. msk(music) >> any performance that we do, that a program, that will be something on the program that you haven't heard before. string orchestra repertoire is pretty small. i used to be boxed into small repertoire. i kept constantly looking for new repertoire and
SFGTV
Apr 20, 2013 2:44pm PDT
model of pulling up the whole economy of the city and the equity model has been a treasure and a great model for other college districts thought the country as well but the city college is facing the biggest crisis. because of the cuts at the state level and the threat in many cases is not only on accreditation but the dismantling the support of immigrant groups and job retraining that's been building up over decades is at risk. the school has come under the scrutiny. those twin challenges of the cuts and accreditation challenge those twin challenges have tested the schools like never before but because of the crisis and county groups have come together to support the city colleges and that's a positive thing that came out of this crisis. because it's time also for our city to think more creativity so we can support from city hall. this resolution that's before us and there's a couple of amendments made by the college of the trustees and other groups. but the resolution first calls for the college to use as much of the funds through ballot prop a that passed last fall by 73 percent mar
CNBC
Apr 17, 2013 3:00pm EDT
probably well ahead of itself, based on what the economy is, based on what we're seeing happening around the world in china, certainly what's going on in europe. so the fact is that investors all of a sudden are deciding, geez, we better start paying attention to this news, becausing the market is well ahead of itself. so what you're seeing is the market backing off and really coming back or trying to come back to a state of equilibrium between where the economy is and where the market should be. the whole boston thing and boston marathon and that down in d.c. is certainly adding some angst to the market, but that's not the reason the market is off 170 points. part of it is much more technical just in terms of market action. >> but, michael, when we saw the market come off the lows, it happened to be when we thought there was an arrest. is that a coincidence with the markets? >> i think to some extent, there's going to be a little bit of a relief move if you see some kind of arrest really happen, but these deflationary pressures have been in play since the end of january when comm
CNBC
Apr 23, 2013 6:00pm EDT
some defense with high-needing food stocks that can thrive, even when the global economy is in dire straits. take long-time cramer fave b & g foods, neglected brands from larger players, private equity firms, and bringing them back to it life. you might know b & g as pickles. b & g just reported last thursday and the company delivered an excellent quarter with in-line earnings and revenues that came in higher than expected, rising 8.8% year over year. we don't have a lot of companies in the food business that gained like that. meanwhile, the company raises for guidance, earnings before interest, taxes and depreciation and amortization. it jumped from $28 to $30 the next day and continuing to climb, $31.08 and 3.75% yield at these levels. b & g has given a 186% return since i initially recommended in october of 2010. the valuation may seem stretched with the stock trading at 19 times earnings. however, every time the stocks seem too expensive to own, they seem to go higher anyway. let's check in with the president of b & g foods and find out more about the quarter and where his compa
SFGTV
Apr 19, 2013 8:14pm PDT
about $6.2 billion for the regional economy. so our long-range development plan is the universities equivalent to other institutions what they prepare. we have over a period of 15 to 20 years the current plan you'll hear about references of how we have changed. the next plan is expected to have a planning horizon of 2035 anticipate that plan with counsel a report which will be certified and adopted. our l ap is driven by our strategy academic plan. this is a that shows our campus. the pink cycles note the major owned sites and the number of cycles represent the amount of is that a we have at the sites. our largest sites are at mission bay and we also have a multiple building site at mount sdooen. our other sites will be the mission building and san francisco general. this table shows you our primary activities and major sites i described. you can see our in patient and outpatient care as well as our regional research plans and housing. at mission bay we have a significant research presence and we have some outpatient clinics that will grow in 20015. at mt. sdooen we have in patient
CSPAN
Apr 18, 2013 1:00pm EDT
have a very, very negative effect on our economy, on jobs, and on the confidence that americans have that we are pursuing rational policy. the the gentleman and i both have agreed that sequester is not a rational policy. it deals with high priority and low priority items in very much the same way. so my question, mr. leader, is there a possibility, not on the calendar, you didn't announc it, bui w you that we go to conference, preferably, the first day we are back, after this weekend, so that we could get to work on trying to get to an agreement on one of the most pressing problems in front of this country, and that's getting ourselves on a fiscally sustainable path. i yield to my friend. mr. cantor: i thank the gentleman. i appreciate the spirit with which he recommends that we proceed along the lines of those individuals that he spoke about had asked for. and i would say to the gentleman, mr. speaker, that i'm told that our chairman and the chairman on the other side of the capitol, ms. murry, they are meeting and looking to see the path forward so that we can affect the meeting of
CNBC
Apr 16, 2013 11:00pm EDT
the economy. now it's the global economy. yeah, the worries used to be united states centric. and perhaps the economy had been growing too hot. and the fed was raising rates. perhaps the monthly employment numbers showed a sudden reduction, as we saw in the late summer of 2007, which ushered in the great recession. maybe there is a shocking shutdown in retail sales. now, i'm not saying that every single selloff plays out like this, but the vast majority of them actually really do. of course, lately we have a new element. we are all one world these days and a slowdown in china is now greeted as more of a threat to our stock market than an actual slowdown here in the united states. crazy, but it's true. when you get these kind of jitters, which include the requisite collapse in commodities like oil and copper and the markets sell, sell, sell, decline can't be combatted overnight because it's so horrendous, it does kind of paralyze things. but here's what happens. certain sectors stabilize a lot faster than others, particularly if there is news that's positive for stocks in those sec
PBS
Apr 16, 2013 12:00am PDT
economy can't continue the way it is among other things giving gasoline away. they can't go on that way. >> nick raised the question of ideology. it's important to note that the opposition it wasn't an election about ideology. the opposition, what was fascinating about it is it ran on a comain to administer it more efficiently. they accepted the social missions. they accepted even the foreign policy. dressed in red. he was in some ways praising chavez and saying that maduro wasn't worthy. he see it wasn't an election about ideology but an election about continuing the goals. it's been remarkable. the way to think about it is to step back and really consider that this remarkable experiment in social democracy that we've seen more in south america than central america and mexico but a little bit in central america since for the last 10, 15 years beginning in some ways with chavez's election is outlasting. it's first-generation of leaders. lula went through his two terms. >> charlie: many people say he was a champion of the people who chavez thought he was the champion of. >> i think they
CNBC
Apr 22, 2013 5:00pm EDT
for men's underwear. here is an some experts say it's a good sign for the economy claiming men might choose not to replace their boxers in leaner times. you had the whole commando theory. >> i'm a commando person on the weekend. >> i'm a very consistent shorts wearing type of guy. >> i haven't bought new boxer shorts in -- >> i don't want to know. >> in like 85. >> before we head to break, let's take a check on some of the afterhours movers. up more than 1% in extended trading turned lower there. and another check on shares of netflix, soaring on earnings results. the gain is about 23.5%. so we'll keep a watch on that for you. a top analyst gives us his buy case for apple. and later on the dreaded triple top and why one trader believes it is here for the s&p 500. [ male announcer ] when gloria and her financial advisor made a retirement plan, they considered all her assets, even those held elsewhere, giving her the confidence to pursue all her goals. when you want a financial advisor who sees the whole picture, turn to us. wells fargo advisors. who sees the whole picture, turn to us.
SFGTV
Apr 22, 2013 6:00pm PDT
that have been shut out of the projects for the last few years due to the down turn in the economy. i think that this project with the amount of square footage and the development of the whole water front is key to the survival of the programs that are here in san francisco. and also, to have a project like this, just steps away from the dog patch and also from south of market, and to be able to stroll from the ballpark right across the street and be able to enjoy the parks that are in this development. i would encourage you to support this project and the building trades are in full support of this, thank you very much. >> next speaker. >> good evening, supervisors, thank you, for your diligence today. this is an exciting project and going to be a great economic boost to the local economy, at presizely the time that we need it. i think that right now we are witnessing a backlog of projects that did not go forward in the worst years of the recession and hidden in the streets and we will need this to sustain our emergence from that recession. what could be more appropriate than our loc
SFGTV2
Apr 23, 2013 3:00pm PDT
you need to consider. and whereas the economy appears to be out of the great recession, now in capital letters in the media, i know that all of our cities and agencies are holding tight. they don't want to get anywhere near that financial cliff again. and, so, your work controlling this budget is very important to them. i think one of the things that we have collectively fallen into a deli yum about is the fact there are so many zeroes on these numbers. ~ so, $50 million seems like [snap]. that's how much we save by financing, $350 million. so, it adds up, as they say. so, your continued attention to that will be important. speeding down the celeste -- one of our recommendation is any remaining contingencies be put under the command control of the program manager so that that can be reported to you and be visible and it doesn't really change the nature of your contingency management plan, but we think at this stage of the project it would be an appropriate idea. and then lastly, the impact of these projects and the importance of them. one of the points highlighted was the signi
CSPAN
Apr 16, 2013 1:25pm EDT
most stable jobs in our economy today. it is imperative that we encourage more young americans n.i.t. e studies in the fields. in particular because of the stark racial and gender gaps we see in the programs, it is imperative that we encourage more young women and students of color to enter these fields. we simply won't be able to remain a global leader in these mportant fields without more -- with more than 50% of our nation's brainpower sitting on the sidelines. h.r. 967 doesn't go as far as i would like it to go in addressing these challenges but it does show the need to educate more students in n.i.t. fields and provide the necessary authority for the agencies to pay an important and appropriate role here. and finally, i would be remiss not to mention that nitr-d program serves as a coordinating and planning umbrella for all unclassified federal cybersecurity r&d. our committee addressed specific needs in cybersecurity , r&d separately in h.r. 756 but in doing so, we made sure that both the intellectual and financial resources for cybersecurity r&d are appropriately integra
CNBC
Apr 19, 2013 4:00am EDT
russian economy. tell us a little bit about the character of this market and whether you can put cash to work here and feel comfortable that you are going to get a return. >> yep. we are invested in the russian market. but it's true, we have a lower allocation to it. the 11% toe 2% sounds quite low. it is a difficult way to access the markets. we see fundamentally from the point of view a strong currency. you look at low valuation, you look at the current surplus, you look at growing middle income class, which wants to consume, so key market indicators are actually strong. the challenge is much more the investment type. so we look at a narrow market, the way you invest is mainly into oil and energy companies. which most of them are state owned to the majority, so we end up being minority investors. what that means is it's still difficult for to us play to the russian growth topic investmentwise. what we can do is we can look at valuation, we can look at it from an optimal point of view. we can see if there is opportunities which a lot of investors maybe don't want to take that risk. thes
CSPAN
Apr 19, 2013 8:00pm EDT
in peace. countries where strong human rights prevail are countries where people do better. economies thrive, rule of law are stronger, governments are more effective and they are countries that leade wod stage and project stability across their regions. strong respect for human rights isn't just an indicator that a country is doing well, it unleashes a country's potential and helps to advance growth and progress. i ask you to think of a country like berma for a minute. cause of steps towards democratic reform and stronger human rights protections a country that has been isolated for years is now making progress. has it reach wrd we want it to be? no but it is on the road and it is moving. more people are participating it ding to faster growth and development. by starting to embrace universal rights the bermese government is opening their doors and developing stronger partnerships around the world. many challenges remain, corruption has to be rooted out. political prisoners need to be freed. horrible mob violence is another stressing reminder on how long it takes to build what is call
PBS
Apr 22, 2013 9:00pm PDT
unthinkable to allow cancer-causing chemicals to freely circulate in our economy. they will find it unthinkable to assume an attitude of silence and willful ignorance about our ecology. >> sandra steingraber wouldn't stay silent. today she is at the very heart of the environmental human rights movement that she prophesied. she's fighting to identify and eliminate carcinogens in our air, water and food, and to stop fracking, that controversial extraction of natural gas from deep beneath the earth. she is one of the seneca lake 12, a group of activists who last month blocked the gates of a natural gas storage facility in the beautiful finger lakes region of new york state. on a bitterly cold day in march, they were arrested as they demonstrated against the environmental dangers of fracking and the storing of natural gas in nearby abandoned salt mines. for now, new york has declared a moratorium that prohibits fracking in the state while studies are completed. but, there's no guarantee that gas obtained by fracking elsewhere won't be stored in those salt caverns. as you can see, for sa
CNBC
Apr 18, 2013 6:00pm EDT
>>> you hear a lot of people fretting about how economies around the world are doing based on that broad, big-picture macro stuff. that's known as top-down. not me, no. i'm a bottoms up guy. i like to see how individual companies are actually doing, and try to extrapolate from there. take snap-on, the largest distributor of premium hand and power tools, the company that gets the lion'share of i sale from auto repair shops and dealersh dealerships. but they also do some business in aerospace and manufacturing. they're a fabulous read on how all types of companies are doing across this country and in europe, china, too. europe, 21% of snap-on sales. snap-on reported this morning and while the company reported a 6 cent earnings beat, terrific, off a $1.34 basis, revenues came in a bit light, 0.9% higher year over year. in response, the stock got hit. it fell $1.63 or about 2%. it's still up 19% since the last time we spoke with the ceo and the stock just hit a 52-week high the other day. we need to know more about what snap-on's been up to. so let's drill down with nick pinchuck, the
CNBC
Apr 16, 2013 5:00pm EDT
growth story for the economy. with the federal reserve still firmly in place providing stimulus and this market in a stage of fear, i would have to that buy on the dip mentality rules the day. we certainly saw an example of that once again today. have a great night, everybody, thank you so much for being with me. i will see you on friday in washington tomorrow with axel weber. "fast money" begins right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here's what "fast" is following tonight, yahoo and intel start their conference calls this hour. monitoring them for their quarterly results and trading it. fool's gold, the precious metal closing higher after falling 14% in the prior two sessions. is this a sign of a bottom? we get answers from the commodities king himself. and land grab, why the rising housing stocks may be deceiving investors. a real estate investor gives us her bearish take. our traders tonight, tim seymour, guy adami and mike khou at the options desk. take a look at shares of yahoo, they are down here in the after hours fol
SFGTV2
Apr 17, 2013 5:00am PDT
infrastructure, the economy will stop. we did a major outreach. we trained an outreach team, who went to every community meeting, to educate people on how bad the crisis was. not only did i tell people that we'd have to raise rates, i told them we'd have to tear up the city to repair this infrastructure. man: you can't simply say, "i won't use any water, it's too expensive." we have about 25% of our population that's at or below the poverty line, so you have to look at rate structures that are tiered so the people can pay their bills. franklin: we would love to have something like 75% federal money. we do get some federal aid and we are thankful, but on the other hand, we're paying for this primarily with new rates. we have increased our rates to among the highest in america. but not nearly as much as if we hadn't passed a one-cent sales tax dedicated to water and sewer infrastructure. hunter: that sales tax counts for about a third of the revenue of the department right now. franklin: we got 75% of the voters to agree to tax themselves so that their children and their children's childre
CBS
Apr 17, 2013 4:00am PDT
, however, fell by nearly 5%. >>> the international monetary fund now predicts the global economy will grow by 3.3% this year, down 0.2 of a point since its january forecast. the imf says the u.s. economy will expand by a slightly smaller 1.9% while eurozone economies will swing slightly. >>> car ownership comes with its own expenses, and it's a lot more than you probably realize. a new report out by aaa found that owning an average sedan will drain you over a thousand when you factor in gas, main tense, and tires. that cost is up about 2% from last year mostly because of an 11% surge in maintenance costs. anne-marie? >> erica ferrari here in new york. thanks, erica. >>> straight ahead, your morning weather. plus, in sports, the voice of the nfl goes silent. we will remember legendary broadcaster pat summerall. legendary broadcaster pat summerall. want to give your family more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. for those nights when it's more than a bad dream, be ready. for the times you need to dou
ABC
Apr 16, 2013 5:30pm PDT
around his family tonight. as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. and "multiple choice," come to walgreens for help finding the one that's right for you... like centrum. now, get four dollars off select centrum products with balance rewards card. at the corner of happy and healthy. for over 30 years. and it's now the most doctor recommended, the most preferred and the most studied. so when it comes to getting the most out of your multivitamin, the choice is clear. centrum. on my feet and exactly where i needed more support. then, i got my number. my tired, achy feet affected my whole life. until i found my number. i tried the free dr. scholl's foot mapping center. in two minutes, i got my foot map and custom number. i'm
PBS
Apr 19, 2013 1:00am PDT
mean fit, finish, design, innovation, content. and dramatically improved fuel economy. we don't ask customers to downsize or go slower, and you don't have to buy exotic hybrids or electric. mainstream technology will give you a 25% to 30% improvement in fuel economy. and finally, we have the best financing ever because ironically during the downturn that customers continued to pay for the cars. we were the first payment-to-household made. so the banks have really moved back into financing cars. so you put it all together, you really have a lot of structural support for this one bright spot in the u.s. economy, the automotive recovery. >> it's clear to see why you're a superstar salesman, mike. one of the trends we've seen in the recovery has been the tremendous strength of the rental -- not the rental -- of the used car market. is that still the case? are people tending to buy more used cars than they did in the past? >> well, the used car story is the following. we are sellg big improvements in used cars and new cars. and because there's such a shortage of used cars because product
CNN
Apr 21, 2013 10:00am PDT
, come bind upon which the bulk of the u.s. economy relies. we must strengthen recovery in the event of a biological attack which is the most worrying threat out there. we need to make sure the public understands the nature of these threats and how it can help identify and respond to them. above all, it needs to understand how not to respond to them. when bad things happen, it is easy to react out of fear, emotion and anger. let's hope in boston this week we begin to chart a different course. for more on this, you can read my column in a special edition of "time" on the tragedy in boston. let's get started. joining me now the man who runs the biggest police force in america and one of the country's best terror counterterror and intelligence division. ray kelly the commissioner of new york. >> good to be here. >> what do you have to tell us in the aftermath of this? is there a heightened sense of danger? are you seeing threats proliferate? >> no, we haven't seen an increase in threats, but our operating assumption is we are always at risk. we're a city that obviously had two horrific
FOX Business
Apr 22, 2013 11:00am EDT
for the economy. that will not get in the way of the white house trying to spend more money speak that is true, dagen. people in a sense almost do not real. government spending went to this huge peak after tarp. over 25% of our economy. it has now fallen as a share of gdp. we are down close to 22% of gdp. it is still too big. government is actually falling as a share of gdp. first-quarter, the quarter that we just finished will get data for that in about a week. we are expecting about 3% growth. that is pretty good news from the economic front. dagen: is that already factored into this stock market? >> well, at least in the short term i think you are right. i believe the stock market itself is undervalued considerably. in other words, if you go back to early 2009, it is really the rise in profits that has driven this market. if we get any extension, what the investment community called multiples, the stock market could go even higher. the dow is worth it fair value 18,500. we have these pullbacks everyone in a while. is happening again. people are scared. it will not last long. dagen:
CSPAN
Apr 17, 2013 6:00am EDT
? is it the economy? or foreign affairs? what about health care programs? those are all very important issues but done to think if there is one central issue that can solve all our other problems, we should tackle it first? you may be thinking what should this be? it is simple. what then can give the kids the knowledge they need to solve all these other problems? it is education. if we can well-educate our current generation from toddlers to young adults and they have the tools they need to tackle all of these major problems -- >> public school education in this country has taken a back seat to other concerns. abelieve that hurts us as nation. one of the things that has made us so competitive throughout the years passed this the fact that we have had public school education, compulsory public school education. many countries do not invest in that. it is an investment in our future. >> we invest so much into the system but sometimes outcomes are not what we would like. american u.s.n educational system that is failing grossly. there's an issue of states' rights or is it a nati
SFGTV2
Apr 23, 2013 1:00pm PDT
difficult economy. >> there are a lot of vacant storefronts, so we are trying to find people to read these spaces. there is a bookstore over there. this way there are a lot of businesses that have been closing. >> i support the small businesses versus more chain stores that seem to be coming in to some of the vacant storefronts. i am trying to be sensitive to the local merchants because they make up the unique character and diversity of our neighborhoods. you go to lafayette. i was just there reading to a bunch of kids. i think i was reading to fifth graders. what grade are you in? >> as a member of the school board, i know strong schools in the richmond is key. also, from the birth to 5 commission -- each commission has an organization to oversee pre-kindergarten kids. i want to ensure that the state level that we advocate strong support for young children and their families, good parenting support as well. >> often, we have to govern with our hearts. 80,000 people in the richmond district sometimes have different needs than people in the mission district or bayview hunters point. so ofte
FOX Business
Apr 22, 2013 6:00pm EDT
the economy, we cannot afford to sit here and have congress pointing the finger at the administration, the administration putting the figure of congress. travelers are stuck in the airport. travel in this decrease over 7 billion jobs and supports those jobs each year. we cannot afford to be delayed in the airport. gerri: it does make a very big difference to our viewers. what you to respond to what the white house was saying today about this issue. listen to this. >> the faa, like other agencies, is personnel have the and in the end you cannot avoid when 70 percent of your budget of your operating budget is personnel you cannot avoid when the cuts are as deep as they are and the sequester, the kind of actions that are taken, these furloughs. that is the unfortunate fact of arbitrary across the board cuts like this. gerri: mike, you know, i want you to respond to that and also this, the faa knew the -- fa new these cuts were coming. what have they been doing? is some of this intentional? is some of this self-inflicted, what is going out? >> it is all intentional. what you just heard is
CSPAN
Apr 23, 2013 12:00pm EDT
reduce deficits while making investments necessary to have the economy grow and create jobs, protect the middle class, and protect seen yours. the president is engaged in a process with lawmakers where he's trying to find commonground to see if commonground exists with republicans around the basic principle to reduce the budget in a balanced way, and he's put forward a plan that would do that eliminating the sequester in the process. when it comes to delays, though, congress has to act in order to avert delays. >> prioritizing spending under the faa, but you want the sequester to inflict maximum -- >> since we did everything we could to avert the sequester, and, unfortunately, the republicans decided as a political matter it was a home run for them to inflick this upon the american people, i think that suggestion just doesn't hold water. secondly, the faa did take action, all the action it could under the law to produce savings and avoid furloughs up until this point where because of the nature of their budget and the personnel heavy nature of their operation furloughs are the only o
CSPAN
Apr 17, 2013 11:00pm EDT
are some lurking dangers within our economy. one would be interest rates rising. i asked this to people i consider to be smart, big bankers, nature capital centers of the world. can they control just raising keep interest rates below? is there a point at which the central cannot keep pace. interest rate to 7% are when i was a kid, 19% were 21% would be catastrophic with this burden of debt. he seems to work right now, but there is a certain allusion of wealth in the stock market and evolution of the peace we can manage our debt. those are my concerns and because of that, we have to do long-range things. i propose several things since i've come. i propose fixing a security problem. to me it's an actuarial problem. you raise the age gradually 27862 thirds of the social security deficit. fix the remaining by testing the benefits. the president has occasionally sad he's for entitlement reform, but is not shown much leadership on this premise seems to benchmark per se, but any with him at least a 47 republican senators, we sat around a table that he and the vice president a year and h
CSPAN
Apr 16, 2013 7:00am EDT
keep increasing the militarization of the border. it begins to affect the economies in the area. certainly within the district i represent. yet there's always a persistent demand for more. the persistent demand usually comes from washington and not the border communities that they want more. some of those communities are the safest in the country. but the fact remains that if we are going to make security the linchpin and put dollars on top of dollars, taxpayer money, and there's a lack of transparency and oversight, i am not sure that this is not just become another symbolic gesture and the outcome continues to be one that is in doubt and people keep demanding more. host: for yourself representing a border state, as co-chairman of the progressive caucus, if any legislation that comes to be in the house and senate include border security as the linchpin to a pathway to citizenship, the border has to be secure before the 11 million people can get on a pathway to citizenship, if that's the case, are you a yes vote? guest: no. arbitrary triggers should not be part of the legislatio
KRON
Apr 24, 2013 7:00am PDT
majority, they believe it will help the economy and in turn, enable small companies hire more workers. two-thirds of the $500 in the survey supported an increase in the current minimum hourly wage of $7.25, with an annual adjustment for inflation. 85 percent that said they pay their employees more than the minimum. the minimum wage for the state of california is $8 an hour. guard and air lines has launched a new service that allows passengers to send a drink to someone on the plane was caught their eye. the airline's in-flight entertainment system. passengers pinpoint their designated heidi with birds and the digital seat maps, rouse the menu and have a drink, snack or meals and over. you can't even follow up with a text through the seat to seat messaging system. birds and lost the service this week to mark the start of its lh a loss vegas service. it's available on all of its u.s. flights. bridge and airlines boss sir richard branson injured as a new feature in a video. he says the chances of deplaning with a plus one you kids should count yourselves lucky. we didn't have u-verse back in
FOX Business
Apr 23, 2013 11:00pm EDT
ironic one area of our economy that is growing great, has you know great innovation, and just really revolutionized things, is one area that government has not touched that is the internet, specifically internet retailing, now they want to get their happeneds into that. it is horrible. the customer is going to get hurt, and damage the small internet retailers, onc once ag, once government starting meddling is goes kaput. neil: you know they all have a advantage that we don't have that our customers may this tax. they don't. and it is an unfair playing field? >> you know here is the bottom line, if a motivated buyer goes on-line to buy somhing to get a surprise tax, when they presss pay. they -- that may cause them to not baez. thebuy, they have heard earned money, they budgeted. the bottom line is this could seriously hurt the economy but also cause people to second guess do i really need it right now, which is not what the economy needs, there are a couple of unintended consequences. this may cause retailer to raise prices to cover the infrastructure to pay for cost of producing and
CNBC
Apr 22, 2013 6:00pm EDT
the economy booting off again, it seems like you talk about it in terms of consuming, not producing. i'm thinking from the way i think about it, you need something to be produced before it's consumed. so i'm wondering why in terms of a growing economy, you talk about consumption instead of production. that's what it seems like to me. >> well, i do, in order to be able to raise price, you need demand. if there is a shortage of supply, sure, that can mean something, not if you have demand, if you have some product nobody likes, you can't raise the price, it doesn't mean anything. that's why we focus on demand. a company has their stars before you buy i. use the eps to figure out the company's growth rate. take it from there. "mad money" will be right back. . special earnings season companion show. we but them in perspective so you can profit in a warm and confident way, make money at home. we went over how i like to use the reports themselves and went over to figure out whether it's too expensive or too cheap against its sector and the rest of the market f. next way i use the earnings
FOX News
Apr 22, 2013 12:00pm PDT
same people i just tick off said, the governor, mayor, police, and police commission economy head of the fbi, all said on friday night, boston's back to normal. the public is no longer at recollection. they can't have it both ways. >> shepard: they're trying to. >> can't claim bostones back to normal and the public is not at risk and then say the guy is a risk. the purpose of the exception to the miranda rule is to protect police officers and those around the defendant at the time he is arrested. is that gun empty? y is the other gun? the other bomb? the type of excited utterrans someone would utter at the moment of arrest. it's not a way around the miranda ruling. the miranda ruling requires all government agencies to tell you before they ask you a question you don't have to answer it. the obama administration has taken a radical approach to the miranda rule by coming out of nowhere with this 48 hour rule that doesn't exist in any statute and no court has permitted it. >> going to regret it? >> i think they will. bass opposite they start using it there will be no stop to it. >> shep
FOX Business
Apr 16, 2013 6:00pm EDT
say right now with a lot of these contractors have had a very difficult time because of the economy, they are desperate, some are bidding on projects they shouldn't take. how do i know i am working with somebody who is appropriate for me? >> if you're paying for that insurance, you're proud to show that certificate and if someone is resistant to show you the proof of insurance, they don't have insurance and it is important with the nature of a lot of the situation now with workman's comp, it is very important, don't let anybody work in her house without the proper insurance. very fair question to ask the contractor to show proof of that insurance. gerri: i want a contract, but tell me one or two things that absolutely must make sure our in those contracts that i know about. >> who is handling everything. the trash and the debris and removal and the permits, some of those things you might not think about are very important and can be very important. not only are you looking at what is included in the contract and what is included in the price, but also what's not included, that's ext
CSPAN
Apr 19, 2013 12:00pm EDT
is crucial to the american economy and to american businesses that generate 95% of all mail. my written testimony offers a comprehensive set of options to restore the postal service to solvency. this morning i will cover, this afternoon i will cover the issues you specifically asked me to address in your invitation. on cost savings, the nalc and the other postal unions have contributed billions in savings through collective bargaining. that process concluded for just 12 weeks ago. the new nalc contract emerged from interest arbitration that focused on the financial condition of the postal service that led to award if you want to provide postal service with huge savings in the years to come. as we did during the great recession when we worked tirelessly with management to adjust routes to respond to mail voe' done, more must be done and congresseeds to do its part as well. i will highlight two cost reforms from the written testimony. first congress should repeal or dramatically reduce the retiree health prefunding mandate that caused over 80% of the postal losses since 2007 and p
CSPAN
Apr 24, 2013 9:00am EDT
keeps highly talented individuals who have been educated in the country to contribute to our economy. like others who spoke before me, i think there's work to be done additional due process protectionser ensuring that all families including lgbt families e squallly valued. investing in education to address the skills gap. i think there's a number of areas we can work on together. i appreciate chairman leahy's commitment to have an open and transparent process and the length at which the panel has testified today. if i might, first, thank you for your story. your testimony. this is the second time i've heard you testify in the committee. it's a reminder of the individual stories that make the broad fabric of the concerns we're dealing with, mrs. lichter, i'm interested in hearing you speak specifically to the need for appointed counsel or expanded legal orientation program. i was stuck in a previous hearing. more than 80 percent of detainees are unrepresented in any way even if they are children, mentally incompetent, and frankly the absence of counsel for the overwhelming majority of
CSPAN
Apr 17, 2013 1:00pm EDT
value of our growing economy. and it was at risk. the private sector was at risk. the confidence of the american people, because people were stealing their identities, their accounts, their intellectual property and subsequent to that, their jobs, began to question the value of getting on the internet and using it for commercial purposes. their trust in the free and open internet the way we've embraced it in the internet really was at risk. how do we solve that problem? we knew that nation states were investing millions and billions of dollars to generate cyberwarriors that could go in and crack your computer network. i don't care if you had intellectual property, those blueprints that made your business successful or maybe it was your bank account or your ability to have a transaction. if they could interrupt that they could do great harm to the economy and to the united states. and we saw nation states like russia and china and now iran and north korea and others developing military-style attack to actually do harm to the u.s. economy, to hurt the very men and women who get up eve
CNN
Apr 22, 2013 4:00am PDT
"starting point." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> welcome back to "starting point," "minding your business" this morning. stock futures pointing to higher open. it would be a rebound from big losses last week. dow up and opens for real in two hours. $333 million. that's one estimate of how much it cost to shut down boston for the die. the area produces $325 billion worth of goods and services every year. that's a little less than a billion dollars a day. the ninth largest gdp in the country and friday everything stopped. businesses, public transit, colleges, shopping centers shut. now many people were at home. but others could
FOX News
Apr 23, 2013 9:00pm PDT
our economy, all to further a political agenda. and the political agenda is to try to convince the american people that there are no circumstances under which we can ever cut spending at all. >> couldn't have said it better myself. here's with react, former vises sore, professor of the booth chicago school of business, with the man who caused these economic problems himself, austin goolsbee >> i got stuck on the on the aie this weekend. >> my bleeding liberal heart. i feel bad for you. i have a series of questions to have you. i know you are a smart guy and a profession professor and teacher. we just have disagreements on the economy. who first suggested the sequestration? >> who first advocated it or suggested it? >> who pushed forward the idea for sequestration? >> to get -- >> it's not a hard question. >> the administration. >> barack obama did so he proposed the sequestration. next question, who offered president obama the flexibility and where to prioritize the cut? >> you know that's misleading. the administration was for total flexibility but it wasn't that, it was a cover -
SFGTV2
Apr 23, 2013 7:30pm PDT
wonderful and before the economy presents its report i think we have two coworkers who will deliver the report. i'd like to thank some of our staff who have continued our work throughout the 3 years. and we have many members that have come do make presentations really important to the work of the oversight so i want to thank all those members and tom is typically at our meetings who is relevant it the work in managing the questions and giving us information. you'll see some of the staff. i saw kim identity in the audience who gave us a presentation. without further adieu i'll be in the background. we'll continue on with the presentation. thank you. >> thanks mary. superintendent and a commissioners i'm michelle i'm the co- chair the oversight committee and we're going to be doing the presentation. i'm a parents who has three children. most of our members are parents and it's been a very jieshl committee to participate in. we have great support from the district staff in being so assessable & knowledgeable and helpful as we've been learning. the purpose of the q ta oversight committee is
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